| Project Name | Stepping Up Investments for Growth Acceleration Program (Subprogram 3) | ||||||||
| Project Number | 48134-007 | ||||||||
| Country | Indonesia |
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| Project Status | Closed | ||||||||
| Project Type / Modality of Assistance | Loan |
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| Source of Funding / Amount |
|
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| Strategic Agendas | Inclusive economic growth |
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| Drivers of Change | Governance and capacity development Knowledge solutions Partnerships Private sector development |
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| Sector / Subsector | Industry and trade / Industry and trade sector development |
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| Gender Equity and Mainstreaming | No gender elements | ||||||||
| Description | |||||||||
| Project Rationale and Linkage to Country/Regional Strategy | |||||||||
| Impact | Investment as a share of GDP increased | ||||||||
| Project Outcome | |
|---|---|
| Description of Outcome | Public and private sector investments increased |
| Progress Toward Outcome | |
| Implementation Progress | |
| Description of Project Outputs | More predictable and open business environment Facilitating private sector participation in the infrastructure market Faster and more transparent public procurement |
| Status of Implementation Progress (Outputs, Activities, and Issues) | |
| Geographical Location | Nation-wide |
| Safeguard Categories | |
|---|---|
| Environment | C |
| Involuntary Resettlement | C |
| Indigenous Peoples | C |
| Summary of Environmental and Social Aspects | |
|---|---|
| Environmental Aspects | The subprogram does not trigger ADB's safeguard policies and is classified category C for environment, involuntary resettlement, and indigenous peoples. |
| Involuntary Resettlement | The subprogram does not trigger ADB's safeguard policies and is classified category C for environment, involuntary resettlement, and indigenous peoples. |
| Indigenous Peoples | The subprogram does not trigger ADB's safeguard policies and is classified category C for environment, involuntary resettlement, and indigenous peoples. |
| Stakeholder Communication, Participation, and Consultation | |
| During Project Design | |
| During Project Implementation | A single-tranche release of $500,000,000 was disbursed on 31 August 2018. |
| Responsible ADB Officer | Boothe, Robert A. |
| Responsible ADB Department | Southeast Asia Department |
| Responsible ADB Division | Public Management, Financial Sector and Trade Division, SERD |
| Executing Agencies |
Coordinating Ministry for Economic Affairs also known as Kementerian Koordinator Bidang Perekonomian (KKBP) [email protected] 2nd Floor, Jl Lapangan Banteng Timur 2-4 Jakarta Pusat 10710 |
| Timetable | |
|---|---|
| Concept Clearance | - |
| Fact Finding | 26 Feb 2018 to 06 Mar 2018 |
| MRM | 13 Apr 2018 |
| Approval | 08 Jun 2018 |
| Last Review Mission | - |
| Last PDS Update | 28 Sep 2018 |
Loan 3670-INO
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 08 Jun 2018 | 06 Jul 2018 | 28 Aug 2018 | 30 Jun 2019 | - | 31 Dec 2018 |
| Financing Plan | Loan Utilization | ||||
|---|---|---|---|---|---|
| Total (Amount in US$ million) | Date | ADB | Others | Net Percentage | |
| Project Cost | 840.32 | Cumulative Contract Awards | |||
| ADB | 500.00 | 08 Jun 2018 | 500.00 | 0.00 | 100% |
| Counterpart | 0.00 | Cumulative Disbursements | |||
| Cofinancing | 340.32 | 08 Jun 2018 | 500.00 | 0.00 | 100% |
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
The Access to Information Policy (AIP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.
| Title | Document Type | Document Date |
|---|---|---|
| Loan Agreement (Ordinary Operation) for Loan 3670-INO: Stepping Up Investments for Growth Acceleration Program - Subprogram 3 | Loan Agreement (Ordinary Resources) | Jul 2018 |
| Stepping Up Investments for Growth Acceleration Program Subprogram 3: Report and Recommendation of the President | Reports and Recommendations of the President | May 2018 |
Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.
None currently available.
Evaluation Documents See also: Independent Evaluation
None currently available.
Related Publications
None currently available.
The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.
Requests for information may also be directed to the InfoUnit.
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ADB's $1 Billion Loans to Support Fiscal Reform, Investment-Led Growth in Indonesia
ADB's Board of Directors has approved two policy-based loans—at $500 million each—to help Indonesia strengthen fiscal and public expenditure reform and promote quality investment.
Tenders
No tenders for this project were found.
Contracts Awarded
No contracts awarded for this project were found
Procurement Plan
None currently available.